IBA-Moscow – one of 10 most profitable banks in Russia

IBA-Moscow – one of 10 most profitable banks in Russia
# 20 November 2017 09:38 (UTC +04:00)

International Bank of Azerbaijan’s (IBA) Russia-based daughter company IBA-Moscow is one of the 10 most profitable banks of Russia.

Bank says its profitability is at the level of 5.6% as at the end of the third quarter. Assets make up RUB 20.1 billion, profit RUB 1.42 billion.

The profitability index was -6.6 in 2016.

The bank ranks 8th for this indicator.

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